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Donated,items

This query is : Resolved 
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(Querist)
09 October 2016 How to account the capital items received through donation or gift
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Amol S Joglekar

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Amol S Joglekar (Expert)
10 October 2016 you can account for the same at current market price
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subramanya Nadig

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subramanya Nadig (Querist)
21 October 2016 What is the entry in books if account
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Amol S Joglekar

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Amol S Joglekar (Expert)
24 October 2016 what is the type of entity which is receiving the said donation......
if it is trust.......the donation in kind is shown as income.
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